Free Limited Power of Attorney Template
LIMITED POWER OF ATTORNEY
I, [Your Name], of [Your Company Address], hereby appoint Hank Wilkins, of Fort Wayne, IN 46801, as my attorney-in-fact (hereinafter referred to as "Agent") to act on my behalf in specific situations and transactions as described herein.
I. Scope of Authority
This Limited Power of Attorney grants the Agent authority to act solely within the confines specified herein and does not extend to any matters beyond the specified scope.
II. Effective Date and Duration
This Power of Attorney shall become effective immediately upon execution and shall remain in effect until December 31, 2050, unless earlier revoked by me in writing.
III. Agent's Duties and Responsibilities
The Agent shall faithfully and diligently execute the powers granted herein, always acting in the best interest of the Principal. The Agent shall keep accurate records of all actions taken on behalf of the Principal and provide periodic reports upon request.
IV. Revocation Clause
The Principal reserves the right to revoke or amend this Limited Power of Attorney at any time by providing written notice to the Agent.
V. Specific Powers
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Real Estate Transactions: The Agent is authorized to represent the Principal in all matters related to the sale of the property located at 456 Oak Street, Springfield, IL 62704, including negotiating offers, signing contracts, and completing necessary documentation.
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Financial Matters: The Agent is granted authority to manage the Principal's banking affairs, including but not limited to depositing checks, withdrawing funds, and conducting transactions related to the First National Bank account, account number 987654321.
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Legal Proceedings: In the event of the Principal's absence or incapacity, the Agent is empowered to appear on behalf of the Principal in legal proceedings, including attending hearings, submitting documents, and settling disputes.
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Healthcare Decisions: The Agent is authorized to make healthcare decisions on behalf of the Principal only in situations where the Principal is unable to do so themselves, including consenting to medical treatments, surgeries, and procedures.
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Business Affairs: The Agent is delegated authority to act on behalf of the Principal in business matters related to PentaCorp, including entering into contracts, signing agreements, and representing the Principal in negotiations with third parties.
VI. Remedy and Penalty Clause
Any third party who relies on this Power of Attorney shall be entitled to rely upon a photocopy or facsimile copy of this document.
VII. Termination
This Limited Power of Attorney shall terminate upon the death of the Principal, the incapacity of the Principal, or the revocation of this Power of Attorney by the Principal.
VIII. Governing Law
This Power of Attorney shall be governed by and construed by the laws of Illinois, United States.
IN WITNESS WHEREOF, the undersigned Principal and Agent have executed this Power of Attorney on August 20, 2050.
Principal: [Your Name]
Agent: Hank Wilkins
WITNESS ACKNOWLEDGEMENT
I, the undersigned witness, attest that [Your Name] appeared before me and signed this Limited Power of Attorney on the date stated above.
Dayton Rohan
August 20, 2050
NOTARY ACKNOWLEDGEMENT
On this 20th day of August in the year 2050, before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes therein contained.
Witness my hand and official seal.
Notary Public's Name: Ronaldo Glynn
My Commission Expires: August 20, 2055
